Surojit Chatterjee - 02 Nov 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Surojit Chatterjee, by Jolie Yang, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
02 Nov 2021
Net transactions value
-$12,750,347
Form type
4
Filing time
04 Nov 2021, 18:53:57 UTC
Previous filing
22 Oct 2021
Next filing
10 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $748,400 +40,000 +47619% $18.71* 40,084 02 Nov 2021 Direct F1, F2
transaction COIN Class A Common Stock Sale $1,008,726 -3,027 -7.6% $333.24 37,057 02 Nov 2021 Direct F1, F3
transaction COIN Class A Common Stock Sale $887,615 -2,655 -7.2% $334.32 34,402 02 Nov 2021 Direct F1, F4
transaction COIN Class A Common Stock Sale $1,414,569 -4,220 -12% $335.21 30,182 02 Nov 2021 Direct F1, F5
transaction COIN Class A Common Stock Sale $2,857,350 -8,492 -28% $336.48 21,690 02 Nov 2021 Direct F1, F6
transaction COIN Class A Common Stock Sale $2,176,523 -6,450 -30% $337.45 15,240 02 Nov 2021 Direct F1, F7
transaction COIN Class A Common Stock Sale $1,213,951 -3,587 -24% $338.43 11,653 02 Nov 2021 Direct F1, F8
transaction COIN Class A Common Stock Sale $1,768,019 -5,207 -45% $339.55 6,446 02 Nov 2021 Direct F1, F9
transaction COIN Class A Common Stock Sale $1,123,792 -3,301 -51% $340.44 3,145 02 Nov 2021 Direct F1, F10
transaction COIN Class A Common Stock Sale $601,508 -1,761 -56% $341.57 1,384 02 Nov 2021 Direct F1, F11
transaction COIN Class A Common Stock Sale $136,991 -400 -29% $342.48 984 02 Nov 2021 Direct F1, F12
transaction COIN Class A Common Stock Sale $240,777 -700 -71% $343.97 284 02 Nov 2021 Direct F1, F13
transaction COIN Class A Common Stock Sale $68,926 -200 -70% $344.63 84 02 Nov 2021 Direct F1, F14
holding COIN Class A Common Stock 5,344 02 Nov 2021 By The Chatterjee Family Revocable Trust F15

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -40,000 -2.3% $0.000000 1,736,692 02 Nov 2021 Class A Common Stock 40,000 $18.71 Direct F1, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2021, during an open trading window.
F2 Includes 84 shares acquired on October 29, 2021, pursuant to the Issuer's 2021 Employee Stock Purchase Plan.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $332.73 and the highest price at which shares were sold was $333.61. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (3) to (14) to this Form 4.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $333.77 and the highest price at which shares were sold was $334.75.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $334.905 and the highest price at which shares were sold was $335.88.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $335.97 and the highest price at which shares were sold was $336.96.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $336.97 and the highest price at which shares were sold was $337.96.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $337.98 and the highest price at which shares were sold was $338.97.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $339.05 and the highest price at which shares were sold was $339.99.
F10 Represents the weighted average sale price. The lowest price at which shares were sold was $340.07 and the highest price at which shares were sold was $340.91.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $341.11 and the highest price at which shares were sold was $341.89.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $342.11 and the highest price at which shares were sold was $342.92.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $343.55 and the highest price at which shares were sold was $344.40.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $344.59 and the highest price at which shares were sold was $344.67.
F15 These shares are held of record by The Chatterjee Family Revocable Trust, of which the Reporting Person and the Reporting Person's spouse are co-trustees. The Reporting Person disclaims beneficial ownership of the shares owned by The Chatterjee Family Revocable Trust, except to the extent of his pecuniary interest therein, if any.
F16 The total number of shares subject to the option is 2,002,036, of which 5,344 options have been exercised. The option vested with respect to 1/4th of the total shares underlying the option on February 3, 2021, and the remaining 3/4th of the shares underlying the option will vest in equal monthly installments thereafter until the option is fully vested on February 3, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.